Ever wonder how to set up the terms for a seasoned investor to buy the house deal you just found. So many things can go wrong before a deal closes slowing or stopping you from getting paid. In this article we will cover one sure fire method of getting someone with honest to goodness cash to buy your deal. You will eliminate many folks, but this is what you want, only to deal with real investors who have the funds to buy your deal and close quickly.

In the beginning as a wholesaler I attempted to sell my houses to seasoned investors and often times they would not perform as they had promised. They would put earnest monies down on the deal only to take weeks to close if they closed at all. After getting the run around time and again I devised a way to eliminate most all of these kind of investors. Only the serious and seasoned investors call or email me now on deals. This saved me countless hours of misspent time.

In this article I give you one of my latest ads which ran online to sell my wholesale house deal. First I explained the work that needed to be done quickly and succinctly, and then right to the terms.

(Ad begins) Here are the terms. Please, we don’t want to waste your time or ours. We are an investment firm, and this is how we operate business over the past 7 years, transacting 158 houses. No earnest money is needed, and we can only deal with serious buyers.

The price of the house is $103,000 cash. This means buyer (you) to bring a cashiers check for the full sum made out to Your Favorite Title for escrow. After you see the property, of course. Absolutely no loans will work. Obviously if you are a retail home buyer realize no VA, FHA, or Conventional loans would work. Cash means you must have green cash, cashiers check, or wire funds into My Favorite Title Company. Our contract is a simple one page agreement, simple, easy, and to the point. No need to be otherwise right?

The FIRST buyer to bring $103k to title gets the house/investment/steal. You are buying in “as is” condition with no warranties obviously, the bones or structure of the house are very good. Title will close our transaction within approximately 48 hours once the buyer (you) views the house, makes their decision, and meets us at title with the aforementioned. If this works for you email us at (insert your email address.) We will give you address after we speak!

Overview of this process:
1. Email or call us and mention “$103,000 house.”
2. We talk.
3. You get the address to run your comp.
4. We show it to you.
5. If you decide to buy we email or fax you a blank copy of contract its  one (1) page for your review, please ask questions prior to meeting at title.
6. Wire fund or bring cashiers check to title.
7. Title confirms this, they call us.
8. We meet at my title company.
9. You and I sign agreement
48 business hours, later the investment is yours.

This articles’ reader, change these criteria to make it your own, but now you have the steps on How to Negotiate with Seasoned Investors to Buy Your Flip or Bird Dog Deal.

Tags: , ,